First Choice Healthcare Solutions, Inc. (FCHS) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
709 S. HARBOR CITY BLVD. MELBOURNE, FL 32901 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8071 - Medical Laboratories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 20 | 13 | 2,016 | 4,594 | 1,595 | 279 | |||
| Cash and cash equivalent | 20 | 13 | 2,016 | 4,594 | 1,595 | 279 | |||
| Receivables | 92 | 9,855 | 10,357 | 7,296 | 1,805 | ||||
| Deferred costs | 40 | 68 | |||||||
| Other current assets | 207 | ||||||||
| Other undisclosed current assets | 72 | 677 | 423 | 676 | 472 | ||||
| Total current assets: | 92 | 312 | 12,547 | 15,373 | 9,607 | 2,624 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,735 | 2,437 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 223 | 262 | 2,295 | 2,545 | 8,614 | 8,294 | |||
| Intangible assets, net (including goodwill) | 899 | 899 | 245 | ||||||
| Goodwill | 899 | 899 | |||||||
| Intangible assets, net (excluding goodwill) | 245 | ||||||||
| Deposits noncurrent assets | 3 | ||||||||
| Deferred costs | 38 | ||||||||
| Other noncurrent assets | 4,404 | 553 | |||||||
| Other undisclosed noncurrent assets | 461 | 112 | 3,009 | 3,328 | (285) | ||||
| Total noncurrent assets: | 4,419 | 2,812 | 6,204 | 6,773 | 13,017 | 8,847 | |||
| TOTAL ASSETS: | 4,511 | 3,123 | 18,751 | 22,146 | 22,624 | 11,471 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 8,635 | 8,411 | 2,379 | 2,083 | 3,937 | 1,457 | |||
| Settlement liabilities | ✕ | ✕ | ✕ | 600 | |||||
| Interest and dividends payable | ✕ | ✕ | ✕ | 1 | |||||
| Taxes payable | ✕ | ✕ | ✕ | 224 | 181 | ||||
| Other undisclosed accounts payable and accrued liabilities | 8,635 | 8,411 | 2,156 | 1,902 | 3,337 | 1,456 | |||
| Debt | 24,272 | 19,217 | 1,570 | 2,059 | 10,220 | 1,970 | |||
| Deferred compensation liability | 1,199 | 538 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 150 | 265 | 162 | 39 | ||
| Due to related parties | ✕ | ✕ | ✕ | 252 | 252 | 680 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | 43 | 224 | ||||
| Other undisclosed current liabilities | 367 | 299 | 224 | 181 | 600 | 2,149 | |||
| Total current liabilities: | 33,274 | 27,927 | 4,574 | 4,840 | 16,841 | 6,376 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 471 | 1,284 | 2,692 | 2,350 | 2,744 | 8,257 | |||
| Long-term debt, excluding current maturities | 471 | 1,284 | 2,692 | 2,350 | 2,744 | 8,257 | |||
| Liabilities, other than long-term debt | 3,237 | 2,443 | 73 | ||||||
| Customer advances or deposits | ✕ | ✕ | ✕ | 73 | |||||
| Operating lease, liability | 3,237 | 2,443 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (0) | (73) | |||||||
| Total noncurrent liabilities: | 3,708 | 3,726 | 2,691 | 2,350 | 2,744 | 8,257 | |||
| Total liabilities: | 36,983 | 31,653 | 7,266 | 7,190 | 19,585 | 14,634 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (32,472) | (28,530) | 10,975 | 13,945 | 2,120 | (3,163) | |||
| Preferred stock | 0 | ||||||||
| Common stock | 33 | 33 | 27 | 25 | 23 | 18 | |||
| Treasury stock, value | (249) | ||||||||
| Common stock, value, subscriptions | 175 | ||||||||
| Additional paid in capital | 35,277 | 35,370 | 25,185 | 24,021 | 21,197 | 12,672 | |||
| Retained earnings (accumulated deficit) | (67,781) | (63,933) | 13,989 | (10,101) | (19,275) | (15,853) | |||
| Other undisclosed equity, attributable to parent | 0 | (27,978) | |||||||
| Equity, attributable to noncontrolling interest | 511 | 1,012 | 919 | ||||||
| Total equity: | (32,472) | (28,530) | 11,485 | 14,956 | 3,039 | (3,163) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,511 | 3,123 | 18,751 | 22,146 | 22,624 | 11,471 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 32,954 | 30,389 | 20,172 | 9,015 | ||||
| Cost of revenue (Deferred Sales Inducement Cost, Amortization Expense) | (323) | |||||||
| Other undisclosed gross profit | 30 | |||||||
| Gross profit: | 30 | 32,631 | 30,389 | 20,172 | 9,015 | |||
| Operating expenses | (1,289) | (2,440) | (33,154) | (29,324) | (21,452) | (9,646) | ||
| Other undisclosed operating income (loss) | (3,887) | (925) | (655) | (913) | ||||
| Operating income (loss): | (1,289) | (2,410) | (4,410) | 140 | (1,934) | (1,543) | ||
| Nonoperating income (expense) | (2,447) | (5,761) | 21 | 9,127 | (1,270) | (946) | ||
| Other nonoperating income | 89 | 215 | 121 | 278 | 27 | 3 | ||
| Interest and debt expense | (3,348) | (5,919) | (16) | (76) | (83) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (7,084) | (14,090) | (4,389) | 9,251 | (3,280) | (2,572) | ||
| Other undisclosed income from continuing operations before income taxes | 3,348 | 5,919 | 16 | 76 | 83 | |||
| Income (loss) from continuing operations before income taxes: | (3,736) | (8,171) | (4,389) | 9,267 | (3,204) | (2,490) | ||
| Income tax expense | (112) | (2,044) | ||||||
| Other undisclosed loss from continuing operations | ||||||||
| Income (loss) from continuing operations: | (3,848) | (10,215) | (4,389) | 9,267 | (3,204) | (2,490) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (4,389) | 9,267 | (3,204) | (2,490) | |
| Net income (loss): | (3,848) | (10,215) | (4,389) | 9,267 | (3,204) | (2,490) | ||
| Net income (loss) attributable to noncontrolling interest | (501) | 93 | 218 | |||||
| Other undisclosed net income (loss) attributable to parent | 2,044 | 8,779 | (185) | (435) | ||||
| Net income (loss) attributable to parent: | (3,848) | (8,171) | 3,888 | 9,174 | (3,422) | (2,490) | ||
| Other undisclosed net loss available to common stockholders, basic | (93) | (91) | ||||||
| Net income (loss) available to common stockholders, diluted: | (3,941) | (8,262) | 3,888 | 9,174 | (3,422) | (2,490) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,848) | (10,215) | (4,389) | 9,267 | (3,204) | (2,490) | ||
| Comprehensive income (loss): | (3,848) | (10,215) | (4,389) | 9,267 | (3,204) | (2,490) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (501) | 93 | 218 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,848) | (10,215) | (4,890) | 9,360 | (2,986) | (2,490) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.